After communicating with Sergei, the two came to an agreement, so at the shareholders' representative meeting, other shareholders would not likely raise any objections.
Wang Ye's plan received unanimous support.
There were no issues with the communication and negotiation on the Tencent side, as Facebook and Tencent were not competitors but rather complemented each other.
Both were involved in social networking; one offered "one-to-one" private social interactions, and the other "one-to-many" public social interactions.
In China, Facebook did not have any real competitors at that time—platforms like Weibo had not yet emerged.
There were only a few websites that had "learned and imitated" Facebook, among which the most successful one was called Renren Network.
Now, the "official" Facebook was about to enter China, in collaboration with Tencent. It had also pulled in Zhang Xiaoxi's asset management company and Yukos China Company for investment.
